Cemtrex launches share repurchase program for series 1 preferreds

By Mary-Katherine Stinson

Lexington, Ky., Aug. 23 – Cemtrex, Inc.’s board authorized a share repurchase program for its outstanding series 1 preferred stock, according to a press release.

Under the program, the company may repurchase up to 2.3 million shares of the stock beginning Sept. 1 through Aug. 31, 2026, subject to market conditions.

Repurchases may be through open market transactions, privately negotiated transactions, block trades or any combination of the above.

The program may be expanded, extended, modified or discontinued at any time.

The Farmingdale, N.Y., technology company provides manufacturing services of advanced electronics system assemblies, broad-based industrial services, instruments and emission monitors for industrial processes and industrial air filtration and environmental control systems.

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